China’s auto industry is accelerating the global expansion of its entire industrial chain, evolving from product exports to ecosystem globalization and localized win-win cooperation.
Incomplete statistics show that over 15 Chinese automakers and component firms have announced overseas plans in the past three months (since last October), with total investment exceeding 70 billion yuan.
Zhang Yongwei, Chairman of Chebaihui, noted that China’s role in the global auto supply chain is increasingly prominent, with advantages in smart EV technology and key components. The supply chain is shifting from imports to proactive international output, while European markets seek collaboration to upgrade local industries.
Cui Dongshu predicted 20% annual growth in China’s EV exports to the EU during 2026-2028. By the end of the 15th Five-Year Plan, China’s vehicle output is expected to hit 40 million units, 10 million of which will be for overseas markets or produced overseas. This scale will account for about 45% of the global total of 90 million units, solidifying China’s irreplaceable core role in the global automotive production and sales system.